Rocket Explosion Leaves Facebook’s Internet Initiative Grounded – Wall Street Journal

The rocket explosion Thursday that destroyed a Facebook Inc. satellite marks a significant setback to the social media company’s nascent effort to spread internet access to unconnected parts of the world.

The satellite, a joint venture between Facebook and French satellite operator Eutelsat Communications SA, was scheduled to launch Saturday aboard a Falcon 9 rocket designed by billionaire entrepreneur Elon Musk’s Space Exploration…

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